7 days ago
Britain Records Largest Decline in Car Production Since 1952
Follow-up - INA
Official data showed a sharp decline in car production of all types in Britain during April, with the sector recording its largest annual decline since 1952, at 15.8%.
The Organization of Motor Manufacturers and Traders reported on Thursday that total production in April reached 59,200 vehicles, both passenger and commercial, representing a 25% decline compared to March.
This decline significantly impacted exports, with passenger car exports falling by 10.1%, while commercial vehicle exports contracted by 75.8%. 44,300 units of cars were exported in April, while 14,800 were destined for the domestic market.
The data also showed a decline in exports to Britain's largest car markets, the United States and the European Union. British exports to the United States fell by 19.1% and to the European Union by 2.7%.
In contrast, exports to China increased by 44% and to Turkey by 32.2%, but these increases remain significantly lower than those to the US and European markets.
